Wednesday, July 26, 2006

Out of the Box, or Out of His Gourd?

No one has been claiming that Queens has been unfairly targeted by a conspiracy to deprive them of air conditions. I live in Queens and I don't feel like Con Ed targeted my neighbors (I wasn't affected by the blackout). What I am claiming is that Con Ed was totally incompetent and heads should roll. Moreover, Con Ed is more than a publicly traded company that is accountable to its shareholder - Con Ed is a public utility which holds a government-granted monopoly over the distribution of electric in New York City. As such, it is no different, in my mind, than a City agency when it comes to whom it is accountable. Con Ed must answer to the citizens of New York City first and the shareholders second. The issue is not lost revenue for Con Ed, it is lost earnings and diminished health (or lost lives) for Queens residents. To focus on shareholder rights and Con Ed profits (as the reason they would want to fix the problem) is to lose sight of the problem and to whom Con Ed is accountable first and foremost.

But, I still love Nick and his willingness to be contrarian. Next debate, "Resolved, the world is flat." Nick, I believe you are speaking in favor of the resolution . . .

: )

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